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I don’t think you’ll fix high housing costs. There’s a supply and demand problem. Limited supply (real estate), lots of demand, therefore prices go up. Those w
by MuffinFlavored 7y ago
I don’t think you’ll fix high housing costs.
There’s a supply and demand problem. Limited supply (real estate), lots of demand, therefore prices go up. Those who can afford it do pay it and are competing with each other to pay for the property they want. Why would New York or Bay area housing ever go down?
Time for more people to admit they can’t afford to live in the best + most popular places and instead move to “less desirable” places, like Iowa.